Merrick detailed the direction of the expanded collaboration in a post on X, stating:
Zand echoed the focus of the collaboration in its own Feb. 10 post on X, positioning the partnership as a step toward advancing the digital economy. The bank wrote:
FAQ ⏰ What is Ripple expanding with Zand in the UAE? Ripple and Zand are broadening cooperation around stablecoins, liquidity solutions, and on-chain issuance. Which stablecoins are involved in the Ripple-Zand partnership? The collaboration centers on Ripple’s RLUSD and Zand’s AED-denominated stablecoin AEDZ. What blockchain will support AEDZ issuance? Zand is exploring the issuance of its AEDZ stablecoin on the XRPL. Why is regulated custody important in this partnership? Regulated digital asset custody enables compliant institutional access to tokenized payments and settlement.
